114-15 118streetSouth Ozone ParkNY11420
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in South Ozone Park at 114-15 118street, South Ozone Park, NY, 11420 uses $171,080 cash to close to unlock $20,696/yr annual cash flow and $1,725/mo monthly cash flow. Total monthly income runs $5,197/mo, and a $2,545/mo payment keeps the spread at $1,725/mo. Purchase price stands at $520,000, and rental yield measures 11.99% with $5,197/mo rent. Return on cash invested shows 32.16% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 169.14% and total cumulative return in cash records $289,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,197/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11420, South Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,510 (100%) |
| Owner Occupied HU | 8,160 (56.2%) |
| Renter Occupied HU | 5,618 (38.7%) |
| Vacant Housing Units | 732 ( 5.0%) |
| Median Home Value | $716,826 |
| Average Home Value | $763,851 |
Housing Distribution
Address Breakdown
Residential
10,093
Single Family
9,776
Multi-Family
317
Businesses
598
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Listed by: Joshua Harris • JOSHUAS REALTY
Mls Name: NY State MLS
Mls ID: #11480776